Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/273687 
Erscheinungsjahr: 
2022
Schriftenreihe/Nr.: 
Working Papers in Economics and Statistics No. 2022-13
Verlag: 
University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon), Innsbruck
Zusammenfassung: 
Financial misbehavior is widespread and costly. The Dutch government legally requires every employee in the financial sector to take a Hippocratic oath, the so-called "banker's oath." We investigate whether nudges that (in)directly remind financial advisers of their oath affect their service. In a large-scale audit study, professional auditors confronted 201 Dutch financial advisers with a conflict of interest. We find that when auditors apply a nudge that directly refers to the banker's oath, advisers are less likely to prioritize bank's interests. In additional prediction tasks, we find that Dutch regulators expect stronger effects of the oath than observed.
Schlagwörter: 
experimental finance
audit study
banker's oath
nudges
financial advice
JEL: 
C92
D84
G02
G14
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
9.52 MB





Publikationen in EconStor sind urheberrechtlich geschützt.